1W XRP Bear
Fear runs faster than greed – so when the stock market crash then the crypto marked is going to crash badly. This will get rid of all the garbage coins and allow crypto aka internet2.0 to grow and develop upon the good surviving coins. Surviving coins will be like buying Amazone in 2001-2002 – consider this and plausible buy the bottom in 2022 and ride the daddy boom in crypto.
Elliott Wave and Time
Provides targets for time frames typically expressed as the length of a wave measured in time relative to the time taken for another wave to occur. Wave C typically has an equal measurement to wave A, or a .618 or 1.618 multiple of wave A.
Be course of the extent of wave A – 798 days – I believe this will be 0.618 in wave C with a bottom in around summer 2022 possible August.
Wave B of the zigzag cannot retrace 100% of Wave A – most of the time wave B retraces 38-78% of wave A and in this case it was 56%.
Wave C of a zigzag almost always ends beyond the pivot of wave A (price 0.0979), but it can truncate.
Wave C of a zigzag is frequently equal in price distance with wave A. 95-97% correction from peak B in this case.
Wave C often ends at a trend line drawn from the wave A origin to wave B and duplicated to the wave A pivot. As with all corrections, they are normally contained within these channel parallel lines.
Elliott Wave and Time
Provides targets for time frames typically expressed as the length of a wave measured in time relative to the time taken for another wave to occur. Wave C typically has an equal measurement to wave A, or a .618 or 1.618 multiple of wave A.
Be course of the extent of wave A – 798 days – I believe this will be 0.618 in wave C with a bottom in around summer 2022 possible August.
Wave B of the zigzag cannot retrace 100% of Wave A – most of the time wave B retraces 38-78% of wave A and in this case it was 56%.
Wave C of a zigzag almost always ends beyond the pivot of wave A (price 0.0979), but it can truncate.
Wave C of a zigzag is frequently equal in price distance with wave A. 95-97% correction from peak B in this case.
Wave C often ends at a trend line drawn from the wave A origin to wave B and duplicated to the wave A pivot. As with all corrections, they are normally contained within these channel parallel lines.
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